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A. The impact the resource will have on the cost of the system B. The impact the resource will have on the duration of the system C. The impact the resource ... See More
As a QS which task is most difficult? Estimation? Variation? BOQ? WHY?
Please discuss and explain on the basis of your experience and approached to be used towards entitlement and quantum by Attorney / Consultants perspective.
When we have to do this type of estimates?
Calculating raw betas from historical returns and even projected betas is an imprecise measurement of future beta because of estimation errors (i.e. standard errors creat ... See More
How to estimate in this method and where we have to use this method?
A. Fixed number of work periods B. Quantitative schedule risk analysis C. Percentage of estimated activity duration D. Dependency determination
D. Whether the resource is available, and if it will have impact on the cost and duration of the system
estimation is the process of measuring and arithmetical computaiton to come up with a certain result usually in the form of volume or area...this yields the BOQ or the Bi ... See More
Quote"The top-down method is also known as the analogous method. It is used to determine order of magnitude estimates in the initiation phase of the project. The met ... See More